Insurance

When you have to manage car payments and rising fuel costs, one of the priorities should be to try and lower your insurance premiums. Since auto insurance premiums have become expensive with time, you should look for opportunities to get cheap rates without compromising on your protection. We bring you the key factors to get cheap insurance rates and lower your costs of owning a car in the long run. 1. Consider Smaller and Local Insurance Providers When looking for insurance, many car owners tend to buy from the big companies who advertise extensively. However, sometimes you can find Cheap Car insurance from a company that operates in your hometown. Before you buy, make sure to compare the prices of local and national insurance providers. 2. Ask About Discounts There are certain variables ...

If you’re a good driver, seeing your insurance prices go up during renewal without any claims can be quite frustrating. You might think that your car is a year older and you haven’t filed a claim so ideally, you should be getting a better deal. Understanding how the insurance company sets the price for your auto policy will help you negotiate a better price. We bring you the 10 factors that might be contributing towards a higher premium on renewal: 1. Your driving history as well as the claims record 2. Any driving violations or convictions that might cause surcharges on your policy 3. If you have changed your address to an area that might be more expensive in terms of auto insurance, your premium will rise 4. When new drivers are added to the policy or there are changes of primary drivers...

Insurance can be a difficult purchase. It’s not like heading to your grocery store and picking up some bread or milk. It can potentially make or break your finances and thus, needs ample of consideration and time. How can you be sure that you’re making the right choice in terms of coverage? Are you getting a decent Auto Insurance Alberta Quote? The options for car insurance can be overwhelming. Thus, it is beneficial to trust the expertise and experience of brokers while buying a new policy. 1. The Benefits of Options Options can be a curse if you had to invest time and effort in analyzing each of them. However, when a broker does all the work for you, they can be a boon. Brokers do the shopping for you, while you do the saving. You don’t need to accept quotes from just one company or fill...

On an average, car insurance rates in Alberta are around $1,088 per year. However, this figure can vary as per different cities in the Province. Car Insurance Calgary can cost around $1,117 per year for someone with a clean driving record. Driving in Calgary isn’t always easy. There is heavy rush hour traffic and impulsive weather changes too. There’s also a lot of road construction going on, including the Calgary Ring Road that will help drivers commute from one end of the town to the other. Whether you’re just a weekend warrior, a daily driver, or an occasional driver, you will need adequate coverage on your car insurance policy. Important Statistics and Facts • As per data, 67% men and 33% women are opting for car insurance in Calgary. • The most used car brands in Calgary include Honda...

Insurance against medical emergencies is a vital step in maintaining the health and well-being of self and family members. The right mediclaim coverage provides multiple plus points like hospitalisation benefits for sudden illness, bearing treatment and domiciliary for acute illness, etc. These benefits might not be felt instantly, but they do come in handy when uncertain medical issues arise, and you need funds for the high hospitalization and medical costs. Types of mediclaim policies Cashless: As the name suggests, there is no need to pay any amount while getting treated in the hospital. For claiming cashless hospitalisation, one should ensure that the hospital should be one of the network hospitals as mentioned in the policy documents. Reimbursement: In this type of mediclaim policy, t...

If you’ve recently bought a new home or want to rethink your budgets to add to your savings, you’ll probably look for ways to cut down on your insurance premiums. However, the key is to ensure maximum coverage that doesn’t impact your protection and yet gets you enough discounts. There are many Calgary Home Insurance Companies that offer a range of discounts for homeowners based on your location, security systems, deductibles, insurance history, and other factors. We bring you a simple guide to find the cheapest home insurance: 1. Bundle Your Policies A lot of insurers offer a multi-policy discount that ranges from 15 to 25 percent, based on the kind of coverages you combine. You can bundle your car and home insurance to get a good discount on your premium rates. 2. Rethink your Safety If ...

Buying your first home is often filled with lots of excitement. However, there’s also a lot of financial burden that comes along with the joy. Finding ways to save money becomes a priority for many new home buyers. In such cases, you should look for Cheap Homeowners Insurance Alberta that offers adequate coverage to protect your investment at an affordable cost. How Much Does First Home Insurance Cost? Typically, a home insurance will cost anywhere between $900 to $2000 per year, based on what you insure. Generally, there are many discounts like claim-free discount, loyalty discount, age discounts, etc. which might not apply if you’re a new home owner. Thus, it’s even more important to speak to your broker to find ways to make your insurance cheaper. Another thing to keep in mind is to get...

We spend a lot of time and energy discussing health insurance and life insurance. What about car insurance? Buying car insurance isn’t really fun, but it is mandatory by the law and important to protect your assets and your finances. However, if you get just the basic coverage mandated by your Province, you might find yourself in a lot of financial trouble if you get hit by an uninsured motorist. Also, if a major accident happens, you might not be covered enough to handle the losses. Are you Over-insured or Underinsured? In case of an under-insured policy, you can be in a lot of debt rather than your insurance carrier handling the entire loss of an accident. On the contrary, being over-insured can cost a lot in premiums and ruin your household budgets. The wrong insurance can either waste ...